Lithium X (fka LIXXF)

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Lithium X Acquires Arizaro Lithium Brine Project in Argentina
Arizaro lithium brine project

Acquisition Highlights:
District-scale 33,846 hectares Arizaro project is located in one of the world’s largest and least explored salars thought to contain elevated lithium brine values
Potential to increase and enhance brine processing at Sal de Los Angeles, Lithium X’s flagship project, by combining with brine products from Arizaro
The entire salar is staked with other current land holders in Arizaro including Eramet, Sentient and REMSA (Salta Government)
Purchase price of 3,500,000 common shares and USD $250,000 for a 100% interest, subject to certain conditions
In line with Lithium X’s growth by acquisition strategy to become the go to pure play lithium company in the world

Sal de los Angeles Highlights:
Metallurgical testing in on-site evaporation pools has achieved 4% lithium concentration at Sal de los Angeles with 5% expected by the end of Q1 2017
Salta Exploraciones S.A. Joint Venture has initiated construction of the camp expansion
Construction equipment and supplies to be dispatched shortly, with a focus on construction of brine capture and pumping systems
Exploration program to commence in February 2017, focusing on resource expansion and resource category upgrade